Auto Trader Introduces New Secondhand Car Valuation Tools For Dealers To Increase Profits

Auto Trader has unveiled a new version of its retailer solution, ‘Auto Trader Connect,' that will be accessible to its retail associates.

Called ‘Auto Trader Connect, Valuations’, the tools will be a part of the company's advertising plans from next April. However, retailers can also request early access from November 1st, 2022.

Auto Trader believes the new tools will “flawlessly combine the industry’s most correct pricing data into current processes." More than 5000 retailers are presently profiting from real-time information sharing. 

The tools will help dealers to purchase and bill their vehicles with assurance while increasing the earning probability of every trade.

Catherine Faiers, Auto Trader’s chief operating officer, stated: “This new iteration of Auto Trader Connect is a model of how we’re uniting the level of our information and the power of our expertise to tackle main issues our retailers encounter.”

“We believe this is among the most powerful ways we can help our partners given the unpredictability of today's market and the unprecedented speed in which it's moving,” she added.

“We understand that those companies that have already supported Auto Trader Connect are enjoying better profits, superior competencies, and an enhanced consumer experience.”

“But by incorporating our latest used car valuation tools, dealers will now be able to react quickly to variations in the market with the most precise real-time valuations data accessible.’

The Auto Trader Connect, Retail Essentials was the first iteration of the system introduced in November last year, and over 70 retailers incorporated it into their platforms.

A few prominent dealers using this retail solution include Click Dealer, Dragon2000, SalesMaster, eDynamix Global, Nexus Point, and The Whole Caboodle.

Source and Image: CarDealerMagazine